Aluwind Architectural IPO Review

 
Aluwind Architectural IPO Review

IPO Open Date: March 28, 2024

IPO Close Date: April 4, 2024

IPO Price: ₹45 per share

Lot Size: 3000 Shares

Listing: April 9, 2024

Aluwind Architectural is scheduled to hit the market on March 28, 2024 and close on April 4, 2024. Aluwind Architectural plans to raise around ₹29.70 Cr through an IPO with a sale of up to 6,600,000 equity shares of ₹10 each. The Retail offered 50%, Others Shares Offered 50%.

Aluwind Architectural Limited, established in April 2003, specializes in the manufacturing and installation of a wide array of aluminium products such as windows, doors, curtain walls, cladding, and glazing systems. These products are intricately designed to cater to the distinct requirements of architects, consultants, builders, as well as various institutions and corporations. With a growing market presence, Aluwind has successfully extended its operations to multiple cities across India, including Mumbai, Pune, Bangalore, and Hyderabad, showcasing a broad geographical reach and a steadfast dedication to meeting customers' needs nationwide.

The company has shown a remarkable financial performance in recent years, with profits after tax amounting to INR 76.92L for FY21, INR 78.80L for FY22, INR 270.05L for FY23, and INR 372.83L for H1 FY23. Operating from its expansive manufacturing unit in Pune, Maharashtra spanning 45000 square feet, Aluwind serves a prestigious clientele that includes renowned real estate developers like L&T and Birla, enabling them to secure a variety of projects through competitive bidding. Moreover, with a workforce of 178 permanent employees as of September 30, 2023, the company prioritizes continuous training to enhance operational efficiency, boost productivity levels, and uphold stringent quality and safety standards.

Aluwind Architectural


Aluwind Architectural IPO Details

Aluwind Architectural IPO opens on March 28, 2024, and closes on April 4, 2024. The Listing date for Aluwind Architectural IPO is on April 9, 2024. The price band for IPO is ₹45 per share and lot size of 3000 Shares.

IPO DateMar 28, 2024 to April 4, 2024
Listing DateApril 9, 2024
Price₹45 per share
Lot Size3000 Shares
Issue Size₹29.70 Cr
Face Value₹10 per share

Aluwind Architectural IPO Tentative Timetable

Aluwind Architectural opening date is March 28, 2024 and close date is April 04, 2024. The IPO allotment date is April 05, 2024. The refund initiation of IPO is on April 08, 2024. The credit of shares in demat account is on April 08, 2024. The listing date is on April 09, 2024.

EventDate
IPO OpeningMar 28, 2024
IPO ClosingApril 04, 2024
IPO Allotment DateApril 05, 2024
Refund InitiationApril 08, 2024
Shares Credit to DematApril 08, 2024
Lisiting DateApril 09, 2024

Aluwind Architectural IPO Lot Size

Lot Size of this IPO is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹135,000).

CategoryLotsSharesAmount
Retail(Minimum)13000₹135,000
Retail(Maximum)13000₹135,000
HNI (Minimum)26000₹270,000

Aluwind Architectural IPO Promoter Holding

Pre Issue Share Holding98.22%
Post Issue Share Holding72.13%

Aluwind Architectural IPO Review

Aluwind Architectural, a renowned player in the aluminium products industry, has unveiled its IPO with a market capitalization of Rs 111.81 Cr. The company has showcased remarkable financial performance, with a substantial increase of 242.7% in profits after tax between FY22 and FY23. Their dedication to excellence is evident in their wide array of offerings, such as windows, doors, curtain walls, and glazing systems, tailored to cater to the unique requirements of esteemed clients like L&T and Birla. With a robust presence in major cities like Mumbai, Pune, Bangalore, and Hyderabad, Aluwind Architectural aims to utilize the raised capital for enhancing operational efficiencies and expanding its national footprint.

Potential investors eyeing Aluwind Architectural's IPO can take note of key performance indicators like a Return on Equity (ROE) of 19.77%, Return on Capital Employed (ROCE) of 24.55%, and a healthy Profit After Tax (PAT) margin of 9.01%. The company's Post IPO earnings per share (EPS) stands at Rs 3, accompanied by a Price to Earnings (P/E) ratio of 15. Boasting a Debt/Equity ratio of 0.48 and a Price to Book Value (P/BV) ratio of 5.4, Aluwind Architectural presents an enticing investment prospect in the architectural domain. By emphasizing sustainability, innovation, and client satisfaction, this IPO offers a promising avenue for growth and value appreciation for investors seeking to diversify their investment portfolio in the ever-evolving Indian market.

In conclusion, Aluwind Architectural's IPO signifies a significant opportunity for investors looking to tap into the thriving architectural sector in India. The company's strong financial performance, coupled with its strategic market positioning and impressive client base, instills confidence in its future growth prospects. With a focus on utilizing the raised funds efficiently for working capital needs and general corporate expenses, Aluwind Architectural aims to further solidify its position as a key player in the industry. Investors keen on exploring avenues for potential returns and long-term value creation should consider this IPO as a valuable addition to their investment portfolio.

Aluwind Architectural IPO Subscription Status (Bidding Details)

Table not found

Aluwind Architectural IPO Broker Recommendations

  • Capital Market: To be updated soon
  • Anand Rathi: To be updated soon
  • SMC Global: To be updated soon
  • Arihant Capital: To be updated soon

Aluwind Architectural IPO FAQs

What is Aluwind Architectural IPO?

Aluwind Architectural is issuing 6,600,000 equity shares with a face value of ₹10 each, totaling up to ₹29.70 Cr. The shares are being offered at a price of ₹45 each, with a minimum order quantity of 3000 shares.

Skyline Financial Services Private Ltd is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.

When Aluwind Architectural IPO will open?

Aluwind Architectural will open on March 28, 2024 for QIB, NII, and Retail Investors.

When Aluwind Architectural IPO will end?

Aluwind Architectural will end on April 04, 2024.

What is Aluwind Architectural IPO Size?

Aluwind Architectural IPO size is 29.70 Cr.

What is Aluwind Architectural IPO Price Band?

Aluwind Architectural price band is ₹45 per share.

What is the Aluwind Architectural IPO Allotment Date?

Aluwind Architectural allotment date is April 05, 2024.

What is the Aluwind Architectural IPO Listing Date?

Aluwind Architectural listing date is April 09, 2024. The IPO is to be listed on BSE and NSE.

How to Aluwind Architectural IPO through Zerodha?

To apply for the IPO “Aluwind Architectural” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.

How to Apply Aluwind Architectural IPO through Upstox?

To apply for the IPO “Aluwind Architectural” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.

How to check Aluwind Architectural IPO Allotment Status?

For Aluwind Architectural IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.

What is Aluwind Architectural IPO GMP?

You can check out here: Aluwind Architectural IPO GMP

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About Ishika Agarwal

Ishika Agarwal is a seasoned financial writer with a strong background in the stock market and investment sector. Ishika has a passion for analyzing and interpreting complex financial data to provide valuable insights to her readers.

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